#今晚cpi数据爆了
The latest CPI data just came in hot across the board, beating expectations. The market had been hoping for a breather, but month over month it came in at 0.4%, with core CPI at 0.3%—both higher than forecast. That’s pretty much sealed the deal on a December rate hike in the market’s eyes. The market reaction was telling, too: the dollar shot straight up, gold plunged more than 2%, and U.S. stock futures turned lower as well. Crypto followed suit. The logic is simple: if inflation won’t come down, the Fed has no choice but to keep tightening, putting pressure on crypto, U.S. stocks, and gold.
But there’s a tricky detail here: because of last year’s government shutdown, there’s no year-over-year figure this time—only the month-over-month number. And that alone is hot enough to give the market a serious headache. Don’t rush to buy the dip in the short term tonight. Let things play out and see whether the S&P 500 can hold steady in the second half of the night. If it does, we could see a short-term rebound.
The latest CPI data just came in hot across the board, beating expectations. The market had been hoping for a breather, but month over month it came in at 0.4%, with core CPI at 0.3%—both higher than forecast. That’s pretty much sealed the deal on a December rate hike in the market’s eyes. The market reaction was telling, too: the dollar shot straight up, gold plunged more than 2%, and U.S. stock futures turned lower as well. Crypto followed suit. The logic is simple: if inflation won’t come down, the Fed has no choice but to keep tightening, putting pressure on crypto, U.S. stocks, and gold.
But there’s a tricky detail here: because of last year’s government shutdown, there’s no year-over-year figure this time—only the month-over-month number. And that alone is hot enough to give the market a serious headache. Don’t rush to buy the dip in the short term tonight. Let things play out and see whether the S&P 500 can hold steady in the second half of the night. If it does, we could see a short-term rebound.